Bloomberg Business

Paid sabbaticals, huge signing bonuses are among tools being used, as clients foot the bill in chase for steady returns.

Proposed attorneys’ fees amounting to 30% of Deutsche Bank AG’s $75 million settlement of a proposed class action by Jeffrey Epstein victims were called “a little rich” by the judge who must approve the deal.

Trian Fund Management, the activist investment fund led by billionaire Nelson Peltz, is losing co-founder Ed Garden as the firm faces its own succession episode.

Todd Blanche, a former prosecutor who resigned from an elite law firm to defend Donald Trump against New York criminal charges, is now also involved in the former president’s defense in federal investigations, according to people familiar with the situation.

President Joe Biden intends to nominate Mandy Cohen, North Carolina’s former health secretary who led the state’s response to the pandemic, to be director of the US Centers for Disease Control and Prevention, according to a person familiar with the matter.

The French government believes that forcing a confrontation with China over Taiwan isn’t in the best interest of the West, saying the island’s current ambiguous status may be the best for all concerned, according to France’s new envoy to Washington.

Russia’s main security service accused a US intelligence agency of hacking several thousand iPhones, including devices belonging to Russian nationals and others linked to diplomatic missions and embassies in the country.

Meta Platforms Inc. is asking employees assigned to an office to come in three times a week beginning in September, according to people familiar with the matter, joining a clampdown on remote work in the tech industry.

Indian opposition leader Rahul Gandhi, on a visit to the US, accused Prime Minister Narendra Modi of making economic missteps and undermining democratic institutions, just weeks before President Joe Biden hosts him for a state dinner.